Latest Pollution Headlines
All the headlines from our Pollution Topic Page, ordered by recency.
Lloyd’s Underwriters, London Market Win Case
Nov 2 2001 // Underwriters at Lloyd’s of London and London Market insurance companies won an important reinsurance case recently when the New York Court of Appeals ruled that Travelers Casualty & Surety Company could not...
Zurich North America Environmental Kicks Off Incentive Reward Program for Agents
Oct 29 2001 // Zurich North America Environmental kicked off a fourth-quarter sales promotion for its agents on Monday, Oct. 22. Through the rewards program, called “Turn up the Volume,” Zurich North America agents who reach...
Penn. Court Rules Long-term Pollution Case Against Insurers Should Proceed
Oct 23 2001 // The Pennsylvania Supreme Court has reversed a lower court decision which had barred an action against Liberty Mutual and other insurers brought by Sunbeam Corp. and a number of other plaintiffs, seeking to recover claims...
Fear of the Unknown–The Mold Issue Raises More Questions Than Answers (Part II) By Catherine Tapia
Sep 10 2001 // By Catherine Tapia This is the second installation of a two-part series dealing with the rising issue of toxic mold claims, which continues its exploration of specific mold-related lawsuits in California: determining...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Sep 10 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
Fear of the Unknown-The Mold Issue Raises More Questions Than Answers
Sep 10 2001 // Editor’s Note: This is the second installation of a two-part series dealing with the rising issue of toxic mold claims. See IJ, Aug. 27, 2001, for Part I. Part II Determining causation A major aspect of the ongoing...
SEiP to Host Environmental Insurance Forum in L.A. Tomorrow
Sep 5 2001 // The Society of Environmental Insurance Professionals (SEiP) is presenting the “Environmental Insurance Forum” on Sept. 6-7 at The Wilshire Grand in Los Angeles. The conference will focus on solving the...
Fear of the Unknown: The Mold Issue Raises More Questions Than Answers, Part I
Aug 27 2001 // Editor’s Note: This is the first of a two-part series dealing with the rising issue of toxic mold claims. These days, an Internet news search on the word “mold” will bring up numerous articles testifying...
Asbestos Claims: ‘The Shroud’ Over the Industry
Aug 27 2001 // Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of...
Well-Control Coverage Drying Up for Small, Independents in Oil Patch
Aug 20 2001 // Oil and gas drillers in Texas are averaging about 40 new holes in the ground every day as the pace of looking for petroleum, especially natural gas, continues unabated in Texas and elsewhere, and that’s...
Asbestos Claims: ‘The Shroud Over the Industry’
Aug 20 2001 // Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of...
Chubb Unveils Remediation Cost Cap Policy
Aug 1 2001 // The Environmental Solutions Division of Chubb Financial Solutions Inc., a wholly owned subsidiary of The Chubb Corporation, has unveiled a Remediation Cost Cap Policy, strengthening its position as a leading environmental...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Jul 23 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
RIMS Signs Agreement with U.S. EPA
Jun 25 2001 // The Risk and Insurance Management Society, Inc. (RIMS) and the U.S. Environmental Protection Agency (EPA) reached an agreement to develop a framework for addressing risk and insurance management issues relating to climate...
Oil & Gas Coverage Harder to Find; More EXPENSIVE
Jun 18 2001 // Crude oil and natural gas exploration and production continue at near record levels and most observers see no let up. White House officials are stumping for a national energy policy that among other things seeks increases...
HAZARDS OF WASTE
Jun 11 2001 // Legislation recently passed the U.S. House of Representatives that would provide Superfund liability protection for small businesses that disposed of municipal solid waste before April 1, 2001. According to Julie...
Riddell Named President of International Environmental Risk Underwriters
Jun 5 2001 // International Risk Group announced today that Connie Riddell, has joined the company as president of Colorado-based International Environmental Risk Underwriters. Riddell was formerly a principal in Bichon Group LLC, and...
General Mills Makes Partial Settlement in Oats Handling Case
Jun 1 2001 // General Mills reached a partial settlement with several global companies which took part in the reinsurance of a property policy covering a 1994 oats handling case. General Mills plans to record this partial settlement,...
Legislation to Protect Small Businesses from Hazardous Liability Litigation Passed
May 30 2001 // Legislation that would provide Superfund liability protection for small-businesses that disposed of municipal solid waste before April 1, 2001 recently passed the U.S. House of Representatives. According to Julie...
A.M. Best Report: Asbestos Claims Surge Set to Dampen Earnings
May 21 2001 // The property/casualty industry may be facing a surge in asbestos claims that could cumulatively cost the industry as much as $65 billion. This new estimate of ultimate asbestos-related losses is nearly two-thirds higher...
